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- Facebook's new app is a golden opportunity
Facebook's new app is a golden opportunity
how to capitalize off the fastest growing app in the world
GM. This is Work "After" Work, the newsletter that puts you on our back as we venture into the world of business together.
Here’s how we’re starting the week:
📲 Meta’s new Threads app
😂 Meme of the day
META’S NEW THREADS APP
Looks like things are heating up even more between Mark Zuckerberg and Elon Musk. Last week Zuckerberg launched what I can only explain as a clone of Twitter called Threads.
It's the text-based app that Meta is using to rival Twitter.
I guess that cage match just got a little more personal.
Threads has been growing at an insane clip. It hit 100M users in just 5 days dethroning ChatGPT who did it within 2 months and before that, it was TikTok at 9 months.
And if there’s one thing Meta does well it’s getting users hooked on their social media apps. *cough cough Instagram cough cough Facebook*
Now here’s the thing: it pays to be early.
Take Vine, YouTube, TikTok, and Instagram as examples. All of the early adopters are now celebrities (King Bach, Liza Koshy, Casey Neistat, iJustine)
This is a new platform nobody knows the outcome of. It could be the next big thing, could not be. It was the same thing with TikTok back in the day.
When I started Charli D’Amelio only had 300k followers and I was able to hit one million in just 12 months.
If I had waited a year I wouldn’t be where I am today and social media has changed my life in ways I never believed possible. It’s not just the money, it’s the like-minded people I’ve met along the way.
I think the same opportunity is happening right now but you have to start today.
Meta is going to put millions of dollars behind this app, it already has 100M+ users and they haven’t even promoted it yet. It’s primed to explode.
Threads is extremely easy to join. Once users download the app it’s a one-click sign-in from your IG profile.
So the question is “How can you make money with it?”
Even though Meta isn't currently paying Threads creators, Twitter does. Twitter shares ad revenue with creators and has a paid subscribe feature that makes people like Andrew Wilkinson, a business entrepreneur $12k/mo!
Given Meta’s track record on its other apps (Facebook and Instagram), it's not such a far-fetched assumption that Threads creators will start getting paid soon.
Remember this: attention is everything.
If you can build an audience on Threads, there's no telling how much money you can make. You’ll be riding a huge wave just like all the OG creators did back in the day when users were flocking to the platforms.
Here’s how I’d get started
First, I'd choose a niche I'm interested in and stick with it.
This could be:
Finance & Money (what I do)
Beauty
Musical Instruments
Real Estate
Hiking
Traveling
Food
Pets
Tech
Then look for other creators in your niche, watch their videos/Twitter posts (religiously), and use them as inspiration. Or… have ChatGPT write posts relating to your niche.
Later on, as you grow, you can start selling ad spots and selling through affiliates.
What’s great about social media is it can last for decades. If you keep the attention, you’ll always have leverage that advertisers want - and they pay serious money for it.
But like I said, this opportunity will only last for a little while. I’d say 6 months max. These apps move quickly and early adopters who act fast always benefit the most. So get started ASAP!
MEME OF THE DAY
😂😂
These Are the Popcorn Kernels That Did Not Pop
— obvious plant (@obviousplant_)
5:53 PM • Jun 19, 2023
That's all I got for ya today folks!!
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DISCLAIMER: None of this is financial advice. This newsletter is strictly educational and is not investment advice or a solicitation to buy or sell any assets or to make any financial decisions. Please be careful and do your own research.
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